Ex-CEO commits suicide

Martin Senn, the CEO of Zurich Insurance Group until December 2015, committed suicide on recently. The 59-year-old was found dead from a gun shot wound at his vacation home, according to local news sources.

He is the second high-ranking executive with ties to the Swiss insurance conglomerate to kill himself in the last three years. His death follows the 2013 suicide of Pierre Wauthier, who was the company’s CFO.

There’s no obvious connection between the deaths of Senn and Wauthier, other than the fact that the two men shared an employer. Senn served as CEO from 2010 until last year, when he resigned citing “setbacks,” including a failed acquisition of RSA Insurance Group.

Zurich posted a short statement on its website regarding Senn’s death.